Many corporate takeovers involve the acquiring firm installing its own managers and slashing the payrolls of the acquired firm. Why has Tata chosen to retain the existing management teams of the...

Many corporate takeovers involve the acquiring firm installing its own managers and slashing the payrolls of the acquired firm. Why has Tata chosen to retain the existing management teams of the foreign companies it has taken over? The Tata Group has a strong commitment to high ethical standards and corporate social responsibility. Does it gain any competitive advantages in the marketplace because of this commitment?